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Iceland Bank Probe Widens

By

Cassell Bryan-Low

Updated March 29, 2011 10:58 a.m. ET

LONDON—Probes by the U.K. and Icelandic authorities into the failure Iceland's Kaupthing Bank hf have widened to include Luxembourg.

Luxembourg police on Tuesday morning raided the premises of Kaupthing's former premises in Luxembourg at the request of British and Icelandic officials, according to authorities. In total, the searches covered three business premises and two residential properties and were continuing as of early...